Gold vs SPX… Round 2… FIGHT!
Our friends over the pond really got it good!
If they had the reflex to play gold expressed in Great British Pounds, they would of outperformed even more… less draw-downs… now fully recovered.. and as a bonus… 2008 “crash proof”!
Anybody with a Forex broker can do this!
Note: spx is still expressed in US Dollars
Note 2: I guess that is not fair.. as spx expressed in gbp is also rocking it hard… I guess the lesson is.. usd beat gbp… and makes assets or gold expressed in it look weaker.